A number of research firms have changed their ratings and price targets for Redfin (NASDAQ: RDFN):

  • 12/1/2017 – Redfin is now covered by analysts at Stephens. They set an “underweight” rating and a $17.00 price target on the stock.
  • 11/20/2017 – Redfin had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc..
  • 11/16/2017 – Redfin had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $28.00 price target on the stock.
  • 11/16/2017 – Redfin was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Redfin Corporation is engaged in providing residential real estate search and brokerage services. The Company provides an online real estate marketplace and provides real estate services, such as assisting individuals to purchase or sell their residential property. It also provides title and settlement services and originate mortgages. Redfin Corporation is headquartered in Seattle, Washington. “
  • 11/15/2017 – Redfin was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $24.00 price target on the stock. According to Zacks, “Redfin Corporation is engaged in providing residential real estate search and brokerage services. The Company provides an online real estate marketplace and provides real estate services, such as assisting individuals to purchase or sell their residential property. It also provides title and settlement services and originate mortgages. Redfin Corporation is headquartered in Seattle, Washington. “
  • 11/10/2017 – Redfin had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $28.00 price target on the stock.
  • 11/10/2017 – Redfin had its price target lowered by analysts at Bank of America Corp from $28.00 to $25.00. They now have a “neutral” rating on the stock.
  • 11/10/2017 – Redfin had its price target lowered by analysts at Oppenheimer Holdings Inc. from $31.00 to $27.00. They now have an “outperform” rating on the stock.
  • 11/1/2017 – Redfin had its “hold” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $26.00 price target on the stock.
  • 10/30/2017 – Redfin had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $28.00 price target on the stock.
  • 10/19/2017 – Redfin is now covered by analysts at William Blair. They set an “outperform” rating on the stock.

Redfin Corporation (NASDAQ RDFN) traded up $0.34 during trading on Thursday, hitting $25.07. The stock had a trading volume of 283,100 shares, compared to its average volume of 1,041,654. Redfin Corporation has a 1-year low of $19.29 and a 1-year high of $33.49.

Redfin (NASDAQ:RDFN) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.12 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.12. The company had revenue of $109.50 million for the quarter, compared to analysts’ expectations of $110.62 million. The firm’s quarterly revenue was up 35.0% compared to the same quarter last year. research analysts forecast that Redfin Corporation will post -0.2 EPS for the current fiscal year.

Redfin Corporation is engaged in providing residential real estate brokerage services. The customer can search for homes by neighborhood, city or MLS number, or can refine results using detailed parameters, such as price and number of beds or baths. The Company serves home buyers and sellers. The Company offers online tools to consumers, including Redfin Estimate, which is an automated home-valuation tool.

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